Analysis of Cloud Computing for Sustainable Banking: Implications and Future Prospects

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Bijja Srinivas, Enthiyaz Khan Lavani Abdul

Abstract

Banking is the backbone of Indian economy. The way that information technology requirements are fulfilled has changed as a result of cloud computing. Each central data official is zeroing in on cloud computing since it has brought data innovation into another period. Many financial organizations are turning to cloud computing to help them meet their ever-growing needs. Utilizing cloud computing offers business models that facilitate the delivery of creative customer experiences, effective collaboration, increased IT efficiency, and accelerated time to market. Financial organizations may quickly adapt to changing business needs by leveraging cloud computing. This study examines the paradigm-shifting impact that cloud computing has had on environmentally conscious banking in Hyderabad using surveys and interviews with 180 banking clients. According to the research, there are strong correlations between growing knowledge and important sustainability factors including customer satisfaction, accessibility, and financial literacy. This is ascertained by examining people's perceptions, attitudes, and worries about adopting the cloud.

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How to Cite
Bijja Srinivas, Enthiyaz Khan Lavani Abdul. (2024). Analysis of Cloud Computing for Sustainable Banking: Implications and Future Prospects. European Economic Letters (EEL), 14(1), 1433–1442. https://doi.org/10.52783/eel.v14i1.1199
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